In a family of multi-class mutual funds, this is the class that is characterized by a front load structure.

Not all fund companies follow this class structure; however it is the prominent method of distinction. Class A Mutual Fund units Will commonly have a front- or rear-end load, to compensate for the sales person's Commission.

Typically, the class-A fund has a lower management Expense ratio compared to the other classes within the same family. This is due to the load that is added to the Acquisition cost, or redemption.

Front-End Load is a Commission or sales charge applied at the time of the initial purchase for an investment, usually mutual funds and insurance policies. It is deducted from the investment amount and, as a result, it lowers the size of the investment .Back-End Load is a fee that investors pay when selling Mutual Fund shares within a specified number of years, which usually ranges between five to ten years.